Elastos and Particle Network simplify user onboarding in Singapore, September 2024

In September 2024, Elastos and Particle Network achieved a significant milestone in enhancing user onboarding for decentralized applications (dApps). This collaboration allows developers to create dApps that facilitate easier access for Web2 users, thereby promoting broader adoption of blockchain technology. The integration of the Elastos Smart Chain (ESC) Mainnet by Particle Network enables users to engage with dApps without the complexities typically associated with blockchain, such as managing crypto wallets or paying gas fees. A notable feature of this integration is the ability for users to log in using a Bitcoin wallet to access services like stablecoin loans, utilizing collateralized Bitcoin through Elastos' BeL2 protocol. This innovation not only simplifies the user experience but also maintains the essential benefits of decentralization, including data control and security. The partnership aims to make Web3 experiences as seamless as traditional social media applications. Pengyu Wang, the founder of Particle Network, emphasized the importance of simplifying the Web3 user experience, which is crucial for integrating blockchain technology into everyday life. Jonathan Hargreaves from Elastos highlighted that making dApps user-friendly is vital for competing with Web2 platforms. The collaboration is expected to foster a robust ecosystem around the BeL2 protocol, paving the way for new economic models centered on Native Bitcoin. The upcoming Token 2049 event will showcase how this partnership can enable developers to create a diverse range of decentralized finance, music, and entertainment applications, further solidifying the role of Elastos and Particle Network in the evolving blockchain landscape.